How To React When The World Is Coming To An End

Posted on by Matt Thalman

Matt Thalman - INO.com Contributor - ETFs


Just a few weeks ago it would have appeared the world was on the brink of another major financial crash; tensions in Europe and concerns about Greece leaving the Euro were increasing, China's stock market was crashing, and it appeared Puerto Rico would not be able to pay its debts, just to name the big concerns bringing fear to the world financial markets.

Well, fast forward to today and for the most part those concerns have all but dissipated; it would seem Greece and the rest of Europe have come to some sort of agreement at least for the time being, China's government stepped in and put policies in place to attempt to stop its market from crashing, and Puerto Rico has paid most of its debt's and even though it defaulted on one, the market hasn't seemed to care. The major indexes are again nearing all-time highs. The S&P 500 is above 2,120 and the Dow Jones is at about 18,100.

Again this was another great example of why when the world seems to be falling apart and others are panicking, the best reaction is to stay calm and continue trudging on. Anytime we go through this sort of situation, I always go back to my favorite Warren Buffett "Be fearful when others are greedy and greedy when others are fearful." Continue reading "How To React When The World Is Coming To An End" →

Weekly Futures Recap With Mike Seery

Posted on by The INO.com Team

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the August contract settled last Friday in New York at 1,158 an ounce while currently trading at 1,137 down about $20 for the week hitting a five-year low as I’ve been recommending a short position when prices broke 1,170 and if you took the original recommendation place your stop loss at the 10 day high which was lowered to 1,170 as the chart structure will start to improve on a daily basis. Gold prices are trading far below their 20 and 100 day moving average as prices look to head lower as I’ve talked about in many previous blogs I see absolutely no reason to own the precious metals at the current time as deflation is a worldwide problem as the U.S dollar hit a six week high in this week’s trade. Crude oil prices are also continuing their bearish trend Continue reading "Weekly Futures Recap With Mike Seery" →

A Wynning Trade In Gold ?

Posted on by admin

Join Todd Gordon of TradingAnalysis.com as he takes you through two trade setups using options with Fibonacci analysis. We first look at our gamble on WYNN, and then move to a chart that looks set to lose it's luster, gold.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

First It Was Celgene And Now This Stock

Posted on by The INO.com Team

I've found another stock for you to look at today, just like Celgene. You need to watch today's video to find out which stock I'm talking about.

But first, it has been quite a week to say the least. A nuclear deal signing with Iran, the Greek situation finally resolved with the German Parliament today voting in agreement to bail out Greece. Just wait, in a few years time I'm sure Greece will come up again as a problem.

The markets are reacting very positively on the upside to all this good news.

The next big worry traders will begin focusing on is a potential rate hike later this year. Whether that comes in September or later is yet to be decided. Who knows, it may not even happen this year.

There are a number of stocks that are doing extremely well and this seems like an ideal time to look at the 52-Week New Highs on Friday Rules. If you're not familiar with these rules, here is what I look for. Continue reading "First It Was Celgene And Now This Stock" →

Trade with a Plan – Setting Your Limits

Posted on by The INO.com Team

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple and straight-to-the-point.

If you like this article, Larry’s also agreed to give you free access to his award winning book.

Today he’s going to talk about how setting your limits can help you avoid sabotaging yourself.

I think trading with a specific plan is one of the most sensible things a trader can do. It helps you learn and identify key areas to watch for in a market. More importantly, it helps you avoid sabotaging yourself because it helps keep your emotions in check. One of the key components of a trading plan is knowing your exits. One way to close an open trading position is with a limit order.

Limit orders target a specific price level – they won't be filled unless the market trades there

Limit orders are pretty straightforward once you get the hang of them. They are contingency orders. The market has to trade at a specified price level before it is even possible for the order to get filled. Even then, there is no guarantee that it will get filled. Continue reading "Trade with a Plan – Setting Your Limits" →